Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) Short Interest Update

Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) saw a large decrease in short interest in April. As of April 30th, there was short interest totaling 2,246 shares, a decrease of 70.6% from the April 15th total of 7,643 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,139 shares, the days-to-cover ratio is currently 0.7 days.

Horizon Kinetics Blockchain Development ETF Stock Performance

Shares of Horizon Kinetics Blockchain Development ETF stock opened at $32.83 on Wednesday. The firm has a market cap of $22.98 million, a P/E ratio of 21.22 and a beta of 0.74. The firm’s 50-day simple moving average is $31.74 and its 200-day simple moving average is $31.31. Horizon Kinetics Blockchain Development ETF has a twelve month low of $29.70 and a twelve month high of $36.27.

Institutional Investors Weigh In On Horizon Kinetics Blockchain Development ETF

A hedge fund recently bought a new stake in Horizon Kinetics Blockchain Development ETF stock. Flow Traders U.S. LLC bought a new position in shares of Horizon Kinetics Blockchain Development ETF (NYSEARCA:BCDF) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 10,197 shares of the company’s stock, valued at approximately $318,000. Flow Traders U.S. LLC owned 1.62% of Horizon Kinetics Blockchain Development ETF at the end of the most recent reporting period.

About Horizon Kinetics Blockchain Development ETF

The Horizon Kinetics Blockchain Development ETF (BCDF) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed to broadly invest in blockchain development companies of any market capitalization from around the world. BCDF was launched on Aug 1, 2022 and is managed by Horizon Kinetics.